When thinking of the hub of innovative tech brands, Seattle isn't the first to come to mind. But that is changing, as Seattle is becoming known as Silicon Valley's little brother. The city has become a hotbed of established tech companies ranging from Expedia and Microsoft to Zillow and Google, as well as start-up disruptors GitHub, HipChat and Slack, among others. So, with this new found tech environment, how does one become a commercial lender in Seattle?
When I was hired in December 2014 to run member business lending at Seattle Metropolitan Credit Union, the financial institution was only doing business loan participations at the time. For all intents and purposes, SMCU was a startup in business lending.
I was excited to be working off a clean slate – there was unlimited upside and no existing business or team for me to transition. On the other hand, the bank faced formidable challenges in creating a credible commercial lending operation from scratch.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
